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20 February 2025 | 1 reply
Successful flippers are:- Building relationships with reliable contractors- Ordering materials well in advance- Being strategic about which renovations will truly deliver ROI Regulatory EnvironmentRecent changes to Phoenix building codes have emphasized:- Stricter energy efficiency requirements- More rigorous inspection processes- Additional permits for certain types of renovationsBe prepared for longer permitting timelines than in years past.Financial ConsiderationsThe financing landscape has evolved significantly:- Hard money lenders are offering more competitive rates (7-9%) than the 12-14% seen in 2022- Several Phoenix-specific investment groups have emerged that pool resources for flips- Traditional lenders now offer more renovation loan products tailored specifically to the Arizona marketThe Bottom LineThe Phoenix market in 2025 offers solid opportunity for house flippers who approach projects strategically.
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20 February 2025 | 8 replies
Be sure to call all prior landlords as well!
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12 February 2025 | 8 replies
While not necessary to be successful in RE going to college can be a fun experience prior to adulting and having a business degree is a well thought out safety net.
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19 February 2025 | 2 replies
I ended up entrusting five properties to their management, and I know of two other out-of-state investors who used them as well.
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12 January 2025 | 6 replies
Let me know if you want to dive deeper into crafting your strategy or preparing for potential questions!
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14 February 2025 | 4 replies
I'm definitely open and interested to venturing well outside SFH.
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4 February 2025 | 7 replies
Well said!
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2 February 2025 | 9 replies
I'm a huge fan of San Antonio as an STR market, but it is, like most "mature" markets, very sensitive about WHAT performs well.
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13 February 2025 | 12 replies
The biggest question I would ask is how well they know the area such as neighborhoods and do they have connections to building a CORE 4 such as great contractors, property managers, attorneys, etc
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24 February 2025 | 20 replies
However, the key is partnering with a professional agency that not only supplies experienced VAs but also uses robust systems—like well-known CRMs—to track calls, monitor lead quality, and analyze performance metrics.Keep in mind that not every VA agency is created equal.